As Greece’s banks reopen, the plot in Germany thickens
Greece may have taken the first steps towards economic redemption Monday, but anyone thinking that its future in the Eurozone is assured needs only to look as far as Berlin for a reality check....
View ArticleRelief for Tsipras as lawmakers pass second key reform bill
Greece took another step back towards a semblance of normality Wednesday as lawmakers passed a second set of reforms in order to start talks over a new EUR86 billion ($94 billion) bailout program. In a...
View ArticleThe UK is Greece’s new promised land
Despite its often gloomy weather, there's a good reason why the UK is drawing the attention of Greeks. Following the economic crisis in Greece, people--namely those of high intellectual worth--are...
View ArticleISIS and drug sales — 5 things to know today
Hello friends and Fortune readers. Wall Street stock futures are higher as Amazon’s better-than-expected earnings restore a measure of confidence over the health of U.S. stocks. Commodities, however,...
View ArticleFed meeting, Greek talks, and Facebook — 5 things to know this week
Hello friends and Fortune readers. The markets this week will be waiting and watching as leaders from the Federal Reserve meet for the last time before September, when a rate hike could finally become...
View ArticleVaroufakis’ Plan B was worse than a crime – it was half-baked nonsense
It’s a measure of how far into the realm of the absurd the Greek crisis has gone that Yanis Varoufakis’ surreptitious plan for taking Greece out of the Eurozone should have made so many headlines over...
View ArticleWhy Greece’s stock market just dropped more than 20%
Athens’ benchmark stock index fell nearly 23% as Greece’s financial markets reopened for the first time in over a month after the country’s brush with exit from the Eurozone. Trading had been suspended...
View ArticleWhy the Eurozone was always doomed to fail
The nearly 16-year experiment with a financially integrated Europe is instead tearing the continent apart, stirring ugly ghosts of history and fueling the rise of extremist political parties that could...
View ArticleHere’s why Greece’s next bailout is far from a done deal
The sense of impending doom may have receded, but Greece is bracing for another bruising couple of weeks as it prepares to try and nail down a new EUR86 billion bailout from its international...
View ArticleGermany approves 3rd Greek bailout despite IMF misgivings
Greece’s new EUR86 billion bailout plan won the crucial approval of lawmakers in Germany Wednesday, bringing the new rescue package a big step closer despite the lack of a formal commitment so far from...
View ArticleWhy snap elections in Greece is a smart bet for Alexis Tsipras
By Simon Shuster/TIME It's one of the most basic rules of electoral politics--keep your campaign promises or you will lose the support of your voters--but Greek Prime Minister Alexis Tsipras has deftly...
View Article4 leadership lessons from Greece’s Alexis Tsipras
Greek Prime Minister Alexis Tsipras announced his resignation on Thursday and asked Greek voters to decide in a September election whether they support the way he is leading the country out of its...
View ArticleGreek Prime Minister Alexis Tsipras rolls the dice on a reelection
Greek Prime Minister Alexis Tsipras is playing a very dangerous political game. His decision to resign Thursday night and call for snap elections has largely been viewed as a shrewd political move, as...
View ArticleEurope cannot solve its migrant crisis
The European union is suffering from yet another crisis: the tens of thousands of migrants arriving at its shores each month, a large portion of whom are fleeing the civil war in Syria. According to...
View ArticleTensions flare as Greece struggles to keep migrants, refugees moving
This article is published in partnership with Time.com. The original version can be found here. By Simon Shuster @shustry A couple of hours after midnight on Saturday, a cruise ship called the...
View ArticleSyria’s refugees are a golden opportunity for Europe
So much for sanctuary in Germany--at least for the moment. Over the weekend, the nation closed its borders, turning back refugees and halting Austrian trains carrying thousands of asylum seekers. The...
View ArticleGreece’s election on Sunday would be a good one to lose
Here are three signs that Greece’s elections on Sunday are, to all intents and purposes, a non-event: The yield on Greece’s 10-year bond is trading at the lowest rate seen so far this year; No other...
View ArticleGreece doubles down on Tsipras for ‘Mission Impossible 2’
They drove the economy into free-fall, racked up huge budget arrears, closed the country’s banks and ended up being forced into a humiliating about-turn and a new bailout program harsher than anything...
View ArticlePope, Greek election, and Nike’s earnings — 5 things to know this week
Hello friends and Fortune readers. The drama surrounding Greece’s third bailout could return haunt investors this week. On Sunday, Greek Prime Minister-elect Alexis Tspiras claimed a solid victory in...
View ArticleGreeks switch to bartering because there’s not enough currency
Greeks are turning to the age-old system of bartering to help combat the country’s liquidity crisis. Artistic designs are being exchanged for olive oil, accounting tips for office supplies, and 6,000...
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